On Jan. 9, Tennessee’s sports betting regulator sent a set of letters that, at first glance, looked like the kind of paperwork most crypto natives scroll past. The message was blunt: stop offering sports-related event contracts to Tennessee residents, void unsettled positions, and refund customers by Jan. 31. The recipients, Kalshi, Polymarket, and Crypto.com, sit […]
The post Kalshi and Polymarket face a “sports gambling” probe that could void your trades and shut down the market appeared first on CryptoSlate.
The firms, federally regulated by the CFTC, were told to shut down Tennessee-based activity, refund deposits, and void open contracts by Jan. 31.
The Truth Social parent said it will issue a new digital token on Crypto.com’s Cronos blockchain, with shares and crypto prices rising following the announcement.
The state issued cease-and-desist orders to the firms to stop conducting "unlicensed online gambling" via their sports events contracts.
Crypto.com applied to U.S. banking regulator OCC for a national trust bank charter, a step it says would expand federally supervised crypto custody for institutions.
Crypto.com chief executive Kris Marszalek has rejected claims that the exchange failed to disclose a 2023 security incident, framing the controversy as misinformation from uninformed sources. His rebuttal came after a Bloomberg investigation alleged the company had quietly endured a cyberattack linked to Scattered Spider, a group known for tricking employees into surrendering access credentials. […]
The post Crypto.com’s Cronos token dips 10% amid CEO denial of undisclosed cyberattack allegations appeared first on CryptoSlate.
Crypto.com-related Cronos token has received a significant utility boost after being integrated into Truth Social, the media platform backed by US President Donald Trump. On Sept. 9, Truth Social revealed that subscribers of its premium Patriot Package will gain access to Truth Gems, a rewards feature tied to user activity on the platform. These Gems, […]
The post Trump Media boosts CRO, converting Truth Gems to crypto with Truth Social integration appeared first on CryptoSlate.
The company added CRO to its balance sheet and will integrate token rewards into its services as part of partnership with the crypto exchange.
Trump Media Group has reached a deal with Yorkville Acquisition Corp., a Nasdaq-listed blank check company, to form a new entity focused on acquiring and holding Cronos’s CRO token, according to an Aug. 26 statement. The proposed company, Trump Media Group CRO Strategy, will be capitalized with around $6.42 billion, which is a mix of […]
The post Trump Media taps into CRO boom taking 19% of supply in massive $6.42B acquisition strategy appeared first on CryptoSlate.
Trump Media will buy $105 million in CRO while Crypto.com takes $50 million in DJT stock as part of a partnership that makes the Cronos token central to Truth Social’s rewards system.
The carrier aims to tap into a "younger, tech-savvy customer segment" that wants to pay with crypto, an Emirates executive said.
Crypto.com has significantly expanded its presence in the United Arab Emirates (UAE), striking multiple high-impact partnerships across aviation, real estate, and public sector services. During the last three months, the crypto exchange has partnered with leading institutions, including Emirates Airlines, the Dubai Land Department, and the Dubai Department of Finance, positioning itself at the center […]
The post Crypto.com signs major deals in Dubai to enable crypto payments appeared first on CryptoSlate.
Tokenized real-world assets such as U.S. Treasuries are being increasingly used as collateral on crypto trading venues.
Trump Media & Technology Group (TMTG), the company behind the Truth Social platform, has filed to launch a new exchange-traded fund (ETF) that would track Bitcoin and Ethereum. The filing, submitted to the US Securities and Exchange Commission (SEC) on June 16, marks a bold move in the firm’s shift toward digital finance. According to […]
The post Trump Media files for groundbreaking Bitcoin and Ethereum ETF appeared first on CryptoSlate.
This move bolsters the crypto exchange's presence in the region after it secured a MiCA license in January.
The deal with Crypto.com will allow residents and businesses to pay fees using crypto wallets while the government receives dirhams.
Trump Media & Technology Group (TMTG), the company behind Truth Social, is expanding into the digital assets and finance via crypto exchange-traded funds (ETFs). The company revealed on April 22 that it finalized its partnership with Crypto.com and Yorkville America Digital to launch a line of ETFs under the “Truth.Fi” brand. These ETFs aim to […]
The post Donald Trump-linked stocks and memecoins surge on crypto ETF move appeared first on CryptoSlate.
Sony Electronics' Singapore has added cryptocurrency payments in partnership with crypto exchange Crypto.com.
Crypto.com has announced a strategic partnership with Trump Media & Technology Group (TMTG) and Yorkville America to roll out a suite of exchange-traded funds (ETFs). The initiative, revealed on March 24, will introduce TMTG-branded ETFs combining digital and traditional assets. ETF move These products will feature a crypto-heavy ETF basket, including Bitcoin, Crypto.com’s native Cronos […]
The post Trump Media to launch crypto ETFs on Crypto.com amid CRO controversy appeared first on CryptoSlate.
DJT stock is up 9% after hours.
Crypto.com recorded a staggering $1.5 billion in revenue during 2024, with CEO Kris Marszalek attributing the growth to strong trading activity from its 140 million users. The exchange’s operational efficiency helped generate approximately $1 billion in gross profit after covering salaries and other expenses. Amid the impressive revenue figures, Crypto.com invested heavily in expanding its […]
The post Crypto.com reports record $1.5B revenue in 2024 to become the third largest exchange appeared first on CryptoSlate.
The Cronos community has approved a controversial decision to restore 70 billion CRO tokens permanently burned in 2021. The proposal, largely influenced by Crypto.com, passed after securing 62.18% of votes, according to Mintscan. This move increases the total CRO supply back to 100 billion. The proposal, introduced earlier this month, aimed to establish a Cronos […]
The post Crypto.com influence stirs controversy in Cronos token burn reversal appeared first on CryptoSlate.
Crypto governance is notorious for being community-governed in name only; with large token holders able to dominate any proposals and changes at their will.
Cronos, the Layer 1 blockchain linked to Crypto.com, faces strong opposition over a proposal to restore 70 billion CRO tokens burned in 2021. Early voting results on Mintscan show that 87% of participants have rejected the plan. Cronos’ strategic reserve proposal The proposal states reinstating the burned tokens will create a Cronos Strategic Reserve. Crypto.com’s […]
The post Crypto.com CRO faces backlash amid 70 billion burned token restore, 87% early voters say ‘no’ appeared first on CryptoSlate.
Community reactions to the proposal have been swift and largely critical. The reissuance threatens to dilute value, a sore point for a community celebrating the 2021 burn as a moonshot moment.
Crypto.com has officially launched its crypto asset services across all European Economic Area (EEA) states, according to a Feb. 12 X post. The exchange stated: “Crypto.com is proud to confirm from today it can provide crypto asset services cross border to all EEA Member States We look forward to raising our brand profile in vital […]
The post Crypto.com obtains new MiCA license to officially service European customers appeared first on CryptoSlate.
The Singapore-based exchange has made a plethora of announcements regarding its plans for the E.U., the U.S. and Asia.
Crypto.com will be delisting Tether’s USDT stablecoin by Jan. 31 as part of efforts to comply with Europe’s Markets in Crypto-Assets (MiCA) regulation, according to emails obtained by CryptoSlate. The exchange will also remove nine other tokens, including Wrapped Bitcoin (WBTC), DAI, Pax Dollar (USDP), PayPal USD (PYUSD), Crypto.com’s Staked ETH (stETH), Staked SOL (stSOL), Liquid […]
The post Crypto.com delists USDT and other tokens to comply with MiCA appeared first on CryptoSlate.
From Jan. 31, Crypto.com will no longer offer certain services from stablecoins, like Tether USDT, Paypal USD, Pax dollar, alongside Crypto.com Staked ETH and Crypto.com Staked SOL.
Once finalized, the license will let Crypto.com operate across the EU under a unified regulatory framework.